It's like pretending that the liabilities represented by a huge coal ash pond are actually an asset, because if all the aluminum and silicon in the ash were purified and sold it would be worth a lot at present prices. The problem is that the cost of turning the waste into a salable product is higher than the market price. So it is still in fact a liability.
Under present and foreseeable economic and technical conditions, the asset-value of spent nuclear fuel does not exceed its liabilities.